2. misc-audio
  3. 1331949310

Retail?

When listing an item's new retail, should the price be the current retail, or the price of the item at the time it was purchased? If you know someone bought an item for $2,500, it is 3 years old, and the say the current price is $3,300 and are asking $2,200 - is this appropriate and honest or somewhat not?
pubul57
audiofeil
4,011 posts
 
Pubul57,
So selling a house or piece of real estate for profit is something you also find objectionable?

If not how is that different than an amplifier, bottle of wine, rare coin/stamp, classic car, etc?

Put your emotion aside and understand the selling price is all that matters if you've done some homework and research. It's the buyer's responsibility to ascertain what he/she is buying.

Just sayin.........
pubul57 OP
3,712 posts
 
As as seller I would feel an obligation to not be deceptive, and that listing the current MSRP wich is several thousand more than it was when I paid for it used on Audiogon 3 years ago is deceptive in intent, it is purposefully concealing a material fact, namely the "New" price for the particular item up for sale at the time it was made and sold. I am perfectly alright with a seller trying to eek out more in the sale by saying that now it would cost you X to buy it new today - that is honest dealing IME.

As a buyer I always do my homework, which is why I spot this trend of what I preceive to be unearned, unwarranted windfall profits and I simply don't do business with folks that are not upfront. I might actually choose to buy the piece if they were honest about it.

I'm just saying....

audiofeil
4,011 posts
 
The original MSRP is irrelevant.

Ever see an ad for a house that includes the build price? Is that seller being dishonest or deceptive?

I'm out.
pubul57 OP
3,712 posts
 
Audio equipment depreciates (unless it becomes a vintage collectible), real
estate appreciates - the analogy you make doesn't work for me. Let's just agree
to disagree on this one.
markpao
521 posts
 
"As as seller I would feel an obligation to not be deceptive, and that listing the current MSRP wich is several thousand more than it was when I paid for it used on Audiogon 3 years ago is deceptive in intent..........."

Intent to do what, try to sell it for the current market value? Isn't that all that matters, the current market value? Like Audiofeil says, put your emotions aside, feelings have no place in a business transaction.

You're really beaten this thing to death, it's sooooooo irrelevant.
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